Logan Mohtashami on the resiliency of the U.S. housing market
HousingWire Daily
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Resilience of the U.S. Housing Market
The chapter explores the resilience of the U.S. housing market post-COVID-19 recovery, focusing on foreclosure trends and the impact of forbearance. It discusses the benefits of the 30-year fixed mortgage, Freddie Mac's second lien proposal, and the relationship between labor market trends, mortgage rates, and housing stability. The speaker emphasizes the complexities of housing market predictions, critiques inaccurate forecasts, and stresses the importance of data-driven economic forecasting over fear-based tactics.
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